3 Quick Ways to Pick Up Free Bitcoin
With the likelihood that bitcoin some day does reach the moon, you’d better be strapped in with as many sat’s as you can afford. Each one is vital and if you are looking to build financial freedom in the long run, acquiring as much bitcoin as you can might be a good start.
In this article, I’ll share with you 5 ways that I have managed to pick up bitcoin for free on a consistent basis.
Coinbase Earn is an initiative that encourages the crypto community to learn about new technology and currencies in exchange for rewards. These rewards vary from $6 to $10 and you are able to earn an additional $10 (Maximum of five times) on each customer you invite to the program.
From this Coinbase in return gets more grateful and knowledgable customers using their platform and the positive for participants in the initiative is that we are able to acquire free crypto that can easily be exchanged for bitcoin.
Assuming you are able to complete all the rewards they offer, you’d be able to earn $177 worth of crypto or bitcoin depending on what you choose to do with your earnings.
It must also be noted that Coinbase is constantly updating this program and adding new coins consistently.
The Brave platform and browser isn’t new to the crypto community, however, it’s starting to
to make waves outside of it. By offering a range of privacy and ad blocking features, Brave allows users to earn the cryptocurrency BAT through showing small advertising banners. You are also able to link multiple devices together to stack BAT faster. The wallets that are required to use the platform allow you to easily exchange the BAT for Bitcoin or multiple other currencies quickly and without hefty fees. It is important to note that whilst you aren’t rewarded generously for using the browser, it’s better than nothing and combined with the speed and safety the browser offers, it’s definitely worth it.
Earning Interest or Staking
The easiest way out of the three is to earn interest on either your bitcoin or another asset or stake alternative currencies. If you have a large amount of cash, some crypto banks are also offering upwards of 10% on stable coins that would allow you to reinvest profits into bitcoin. Many institutions offer this although some of the most reliable within the crypto community are: , , .
It wouldn’t be wise to have 100% of your portfolio earning interest as you don’t own the keys to your coins and that will always carry a risk. Instead it should be seen as a safe opportunity to stack some extra bitcoin on the side while you hodl the majority of your coins to the moon.
Originally published at https://www.cryptocosmopolitan.com on November 5, 2020.